1-bed · 784 sqftAxis Residences 5, Dubai Silicon Oasis · 6th floor · completed 2010

613, Axis Residences 5

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 21 May 2023
Last soldAED 361K31 March 2013
Current rentAED 42K /yr21 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Axis Residences 5

What is 613 worth today?

Last sold for AED 361,000 in 2013

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21 May 2023RentedNew contract
AED 41,745/yr12 months · AED 53 per sqft
21 May 2020RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
15 Jul 2016RentedRenewal
AED 54,250/yr12 months · AED 69 per sqft
15 Jul 2015RentedNew contract
AED 52,250/yr12 months · AED 66 per sqft
15 Jul 2014RentedNew contract
AED 47,373/yr12 months · AED 60 per sqft
15 Jul 2013RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft
31 Mar 2013Sold by developerReady
AED 361,000AED 460 per sqft

Source: Dubai Land Department. Updated 21 May 2023.

Key facts

Type
1-bed apartment
Size
784 sqft
Floor
6th of 8
Parking
94
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 361K · March 2013

About 613, Axis Residences 5

613 is a one-bedroom apartment of 784 sqft on the 6th floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. The developer sold it on 31 March 2013 for AED 361,000, or AED 460 per sqft, 12% below the AED 523 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 21 May 2023, is AED 41,745 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 10,700 a year.

Sales and rents for 613 over time

Sales
Unit 613, each saleTypical one-bed in Axis Residences 5
200K400K600K20112015201920232027Typical sale price by year: 2011 AED 439,000; 2012 AED 388,500; 2013 AED 666,181; 2014 AED 473,040; 2015 AED 558,697; 2016 AED 237,500; 2017 AED 550,000; 2018 AED 455,000; 2020 AED 345,000; 2021 AED 322,500; 2022 AED 408,022; 2023 AED 385,000; 2024 AED 480,000; 2025 AED 541,000; 2026 AED 615,000Sold by developer, March 2013: AED 361,000 (AED 460 per sqft)

613 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 613, each contractTypical one-bed in Axis Residences 5
40K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 37,500; 2014 AED 44,000; 2015 AED 51,838; 2016 AED 54,706; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 37,000; 2024 AED 44,000; 2025 AED 46,000; 2026 AED 47,366New contract, July 2013: AED 45,000 a yearNew contract, July 2014: AED 47,373 a yearNew contract, July 2015: AED 52,250 a yearRenewal, July 2016: AED 54,250 a yearNew contract, May 2020: AED 33,000 a yearNew contract, May 2023: AED 41,745 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Axis Residences 5, and where 613 sits

All 112 1-beds →

613 last sold in March 2013 at AED 460 per sqft, 12% below what one-beds in Axis Residences 5 were fetching at the time (AED 523). Over the last 12 months one-beds sold for AED 250,000 to 625,000, around AED 765 per sqft, and rent for AED 35,000 to 70,800 a year. 613's AED 41,745 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 2026620,000
8 Apr 2026250,000
23 Mar 2026625,000
17 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 5

Building

112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 765
Typical sale
AED 615K
Typical rent
AED 48K /yr
Typical yield
8.0%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 112 units in Axis Residences 5
Value
6011-bedAED 625K · Mar 2026
6021-bedAED 327K · Jun 2015
6031-bedAED 449K · May 2022
6041-bedAED 450K · May 2022
6051-bedAED 408K · May 2022
6061-bedAED 610K · Mar 2026
6071-bedAED 447K · May 2022
1–7 of 13

613, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 31 March 2013 for AED 361,000, or AED 460 per sqft.
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 33,000 in 2020 and recovered to AED 41,745 by May 2023.
  • At AED 41,745 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 10,700 a year (AED 13.65 per sqft).
  • One-beds in Axis Residences 5 sold for AED 250,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 765 per sqft.

Source: Dubai Land Department. Updated 21 May 2023.

Questions about 613, Axis Residences 5

What did unit 613 last sell for?

AED 361,000 on 31 March 2013, sold by the developer: AED 460 per sqft for 784 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 41,745 a year on the contract signed on 21 May 2023. The previous contract, from May 2020, was AED 33,000; the unit has been rented since July 2013.

How big is unit 613?

784 sqft (72.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 613 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Axis Residences 5 sold for AED 250,000 to 625,000 in the last 12 months, around AED 765 per sqft.

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Mortgage on 613, Axis Residences 5

Starts from the last sale price (AED 361K, 31 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 361,000
Deposit, UAE resident (20%)
AED 72,200
Deposit, non-resident (40%)
AED 144,400
Monthly over 25 years at 3.7%
AED 1,477

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →